US dollar stabilized against a basket of currencies today ahead of the release of the Federal Reserve meeting minutes.

Trump said "he is doing great with China and other trade deals," while expressing optimism about reaching good deals with the UK and the EU.

Trump also said that the US stock market could have been higher if it wasn't for the trade war with China.

The US Congressional Budget Office estimates that the government budget deficit will rise to $960 billion this fiscal year.

Investors are anticipation today the release of the US Fed meeting minutes to determine what happened during discussions that led to a US interest rate cut for the first time since 10 years.

By 17:18 GMT, dollar index stabilized against a basket of major currencies at 98.1 points, with an intraday high of 98.1 and a low of 98.01.

Oil prices showed mixed performance today, trimming gains after the release of the US inventories data, which fell less than expected, and lower than the American Petroleum Institute's (API) data.

The US Energy Information Administration (EIA) revealed today that the US oil inventories fell by 2.7 million barrels last week, less than forecasts of a decline by 3.1 million barrel.

While the API showed yesterday that oil inventories fell by 3.5 million barrels.

By 16:40 GMT, dollar index stabilized at 98.04 points, with a high of 98.1 and a low of 98.01 points.

In the oil market, by 16:36 GMT, WTI fell by 0.3% to $55.9 a barrel, with a high of $57.1 and a low of $55.9.

While Brent rose by 0.8% to $60.5 a barrel, with a high of $61.4 and a low of $60.07.

Analysts' forecasts for palladium point to high demand from automakers, which is due to government's efforts to combat climate change and greenhouse gas emissions.

Whilst, palladium prices fell today below the $1,500 barrier amid volatile trading in the markets.

Analysts expect a rise in demand on palladium from automakers as it is used in vehicle components that reduces carbon emissions.

The analysts also said that rise in palladium prices and the increase in production have helped to balance the fall in nickel, copper and platinum prices amid US-China trade war fears.

Mining companies expect palladium supply to fall this year by about 600,000 tonnes due to higher demand from automakers.

By 14:22 GMT, palladium futures (September delivery) fell by 0.9% to $1476.1 an ounce, with a high of $1488.5 dollars and a low of $1475.5.

Canadian dollar rose today after the release of positive inflation data amid high hopes in the markets about the US-China trade talks.

Canadian economy released the CPI reading, which rose by 0.5% last month, while analysts expected 0.1%.

US President Donald Trump said trade negotiations with China are going well.

US President Trump said "he is doing great with China and other trade deals."

While he threatened the EU yesterday that his administration will impose tariffs on cars from the Union if the US didn't get what it wanted.

Meanwhile in the oil market, by 15:54 GMT, WTI stabilized at $56.1 a barrel, with a high of $57.1 and a low of $55.9.

Brent rose 1% to $60.6 a barrel, with a high of $61.4 and a low of $60.04.

By 16:07 GMT, CAD/USD rose by 0.3% to 0.7534, with a high of 0.7548 and a low of 0.7499.